The man who trades freedom for security does not deserve nor will he ever receive either. – Benjamin Franklin
As I’ve said here:
– Clif High-Chaos Starts Middle of March (Video):
“If his webbot was unable to detect that Trump, just like Killary Rotten Clinton, is a Rothschild puppet, then it is (almost) completely worthless in predicting anything.”
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FYI.
With or without Donald Trump, … this is the Greatest Depression.
– Paul Singer: “Donald Trump Will Cause A Widespread Global Depression”:
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Expert economist Peter Schiff thinks the coming collapse will be far worse than the Great Depression and you need to be prepared.
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– Something Big That Always Happens Right Before The Official Start Of A Recession Has Just Happened:
What you are about to see is major confirmation that a new economic downturn has already begun. Last Friday, the government released the worst jobs report in six years, and that has a lot of people really freaked out. But when you really start digging into those numbers, you quickly find that things are even worse than most analysts are suggesting. In particular, the number of temporary jobs in the United States has started to decline significantly after peaking last December. Why this is so important is because the number of temporary jobs started to decline precipitously right before the last two recessions as well.
You see, when economic conditions start to change, temporary workers are often affected before anyone else is. Temporary workers are easier to hire than other types of workers, and they are also easier to fire.
This is the Greatest Depression.
– Worst Economy Since the Great Depression:
Many economic indicators are at their worst since the Great Depression …
For example, we noted in 2009 that more Americans will be unemployed than during the Great Depression.
We noted in 2010:
The following experts have – at some point during the last 2 years – said that the economic crisis could be worse than the Great Depression:
Flashback:
– Quotes from the Great Depression
– Comparing the 1930s and Today:
You’ve heard the axiom “History repeats itself.” It does, but never in exactly the same way. To apply the lessons of the past, we must understand the differences of the present.
During the American Revolution, the British came prepared to fight a successful war—but against a European army. Their formations, which gave them devastating firepower, and their red coats, which emphasized their numbers, proved the exact opposite of the tactics needed to fight a guerrilla war.
Read moreComparing 1930s And Today: “The Greater Depression Has Started”
Former elite puppet finance minister …
And as I’ve said many, many times: This is the Greatest Depression.
– Former Finance Minister Compares Current Financial Crisis to Great Depression:
Greece’s financial crisis, unprecedented in scope, reached a pivotal moment last summer when the Greek people voted overwhelmingly against further austerity programs — ostensibly imposed to help the country pay back enormous debt. Overseeing the matter was Syriza Party Finance Minister Yanis Varoufakis — a staunch opponent of the crippling austerity measures that had effected a stranglehold on the country’s economy.
Greece’s debt to the so-called Troika — the International Monetary Fund, European Commission, and European Central Bank — turned out not to be the true reason for the proposed austerity. As Varoufakis discovered, the Troika actually, if somewhat covertly, intended to decimate Greek organized labor and the country’s modest social safety net. After the Greek populace stunned the world with its ‘no’ vote, Varoufakis sensed the coming accession by Syriza to implement the plans — and he hastily and quietly resigned his post.
Read moreFormer Finance Minister Compares Current Financial Crisis to Great Depression
FYI.
Sep 12, 2015
Ron Paul speaks on the upcoming financial collapse that will be far worse than the 2008 collapse. It’s not a matter of if but when it will happen.
– Guess What Happened The Last Time The Price Of Oil Plunged Below 38 Dollars A Barrel?:
On Monday, the price of U.S. oil dropped below 38 dollars a barrel for the first time in six years. The last time the price of oil was this low, the global financial system was melting down and the U.S. economy was experiencing the worst recession that it had seen since the Great Depression of the 1930s. As I write this article, the price of U.S. oil is sitting at $37.65. For months, I have been warning that the crash in the price of oil would be extremely deflationary and would have severe consequences for the global economy. Nations such as Japan, Canada, Brazil and Russia have already plunged into recession, and more than half of all major global stock market indexes are down at least 10 percent year to date. The first major global financial crisis since 2009 has begun, and things are only going to get worse as we head into 2016.
Read moreGuess What Happened The Last Time The Price Of Oil Plunged Below 38 Dollars A Barrel?